The animation is very nice. I think the name should be in title case rather than upper case.
Looks like the BBC still can’t do anything more creative than blocks of plain colour however - both for the straps and the logo.
Reminds me a little of the straps from ITV News’ black and yellow look.
Agreed on the last part,definite hints of the black and yellow peril. I don't like the Reith text next to the BBC logo, I assume that either titles are going to change (albeit ever so slightly) across the corporation's news output to match the logo. I wonder if we could see a variation on the clamshell look coming back?